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4. Your client owns a small business which employs 100 people. She decides to take out a $50,000 on each employee and make herself the
4. Your client owns a small business which employs 100 people. She decides to take out a $50,000 on each employee and make herself the beneficiary of all 100 insurance policies. Are her actions legal? Are her actions ethical? Do her actions present a moral hazard?
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